Good morning! ☕️ Weekend is almost here! Have a wonderful day! 🔥🫂 #grownostr #nostr #coffee #plebchain #coffeechain

Sleeping is important! We need energy to push tomorrow, to earn more, build more, and become financially independent! Good night! Sleep tight! ⚡️🌃

"Only paranoids survive." #grownostr #btc #plebchain #coffeechain

The 2 most important thing to become financially independent: 1️⃣ Savings rate 2️⃣ Asset to invest into #grownostr #plebchain #investing #financialindependence #fire #retireearly #saving #frugalism #frugal #minimalism

Can't stop, won't stop! Attitude makes a difference! Better attitude results in better work, better relationships. Better relationships and work results in more income. More income is good for more saving. More saving is good for earlier financial independence. Let's go people! 🔥 #grownostr #plebchain #coffeechain #attitude #btc #bitcoin

How to keep on track becoming financially independent? 1️⃣ Define the average_yield, you expect your money will earn you per year. (Rather be conservative here.) 2️⃣ Define your yearly_costs, how much money you spend in a year in total. 3️⃣ Calculate how much money you have to save so that you earn each year your costs. From the following equation you can calculate it: saving_goal * average_yield = yearly_cost 4️⃣ Visualize your progress compared to your goal. Extra tip: 1️⃣ Fix a monthly amount you will save. 2️⃣ Calculate how much month you have to save to reach your goal. This tips can give you a perspective on where you are in the process and how much time it will still take to reach your goal. #financialindependence #retireearly #fire #investing #saving #plebchain #sharingiscaring

Coffee Thoughts ☕️ The goal of investments We live in an interesting world, where if you do nothing with your money, you will have less of it. Therefore everyone is incentivized to gamble hard. This means we can have at least 2 goals for our investments: 1️⃣ Preserve buying power/value 2️⃣ Earn income As we have inflation, when we earn income from our investments, it is not really income, but value preservation until we reach the original value of our money. But funnily we have to pay taxes on preserving the value of our money. Tricky, ha? Why does it all matter? If you want to be financially independent, then you should aim for earning an income with your investments, not only preserving your wealth. Which in itself can also be hard. In this regard, bitcoin is more like a value preserving asset. But is it really? Then how come house prices are decreasing in terms of it? This is the interesting part. The price of things in a free market depends on the supply and demand. Bitcoin's supply is fixed, therefore it's price will only depend on the demand. As bitcoin is a "new" asset, it has to go through adoption. During adoption, more and more people start to use it, that pushes its price up. Therefore in the adoption phase, bitcoin could be also considered as an "income generating" asset. (Of course you shall sell or use it.) Take Away: 1️⃣ Know what is your goal with your investment. 2️⃣ If you want financial independence, you shall buy income generating investments. (Bitcoin also fits) #frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #coffeechain #fire #financialindependence #lifestyle #savemoney #moneysaving #bitcoin #btc

Good morning! ☕️ Financial Independence and Retire Early (Fire) in short: 1️⃣ Why to aim for it? To have flexibility, to be able to do what you really want, to have more options, to not depend on your salary, to make your hobby your "job", to remove the stress about money... E.g.: pursue a low paying career, be more with your kids instead of working, etc. 2️⃣ How to reach? You have to save and invest as much money, that will yield you each year your costs. In theory, if you only spend your yearly gains, then you will never run out of money. #frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving

Having more wealth won't make you happy forever. Above a certain level, money does not make you happy. I would even say, money only can give you joy, which is not happiness. If I were you, I would have goals I want to achieve that needs money, e.g. travelling to Zimbabwe or something. Quantify how much money I need, then I would save and finally enjoy my goal. This could be considered as a minimalistic approach, because you don't want to be rich for no reason, you just want to put together the minimum amount of money to enjoy your goal. #TimFerris #DreamLine #frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving

Find joy in difficulty, and you will have a great and rewarding life. Good morning! #frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving

What would you work/do if you don't have to earn money anymore? #asknostr #discussion #plebchain #grownostr

"Don't accept the things you don't understand." Why? If you do this, you train people who want to deceive you, that they only need to throw long technical jargon at you to make you accept everything. 🔁 Share if you care. ⚡️ Zap if you agree. 💜 Like if you saw. #frugaltip #frugalism #frugal #minimalism #minimal #minimalistic #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #hardwork

GM! ☕️ Have a rewarding day! 🫂 #grownostr #coffee #coffeechain

Financial independence starts with you understanding how the financial world works in a nutshell. #grownostr

There is a saying: If you were to redistribute the current total wealth equally between all of us, It would go back soon to the current state. I think it worth to reflect on the why... It is mainly because of bad money habbits, and the mindset difference between rich and poor people. So you shall not wish for the redistribution of wealth, but you shall wish for more knowledge to make money come your way. #frugaltip #frugalism #frugal #minimalism #minimal #minimalistic #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #hardwork

Good morning! ☕️ Either you control your finances or Your finances control you. Better if you rule. Usual financial mistakes: 1️⃣ Having no financial plan or goal. 2️⃣ Having no savings 3️⃣ Increasing your lifestyle when your salary increases 4️⃣ Thinking if you can pay it, you can afford it. 5️⃣ Buying new car, new phone, etc frequently 6️⃣ Not knowing how much and on what you spend each month 7️⃣ Thinking if you invest 10%, you are set for life. 8️⃣ Having unnecessary perpetual payments 9️⃣ Understanding the real impact of inflation, and hedging against it #frugaltip #frugalism #frugal #minimalism #minimal #minimalistic #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #hardwork

Good morning ☕️ Save money to give you more options! What would you work if you don't need to earn money anymore? #frugaltip #frugalism #frugal #minimalism #minimal #minimalistic #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #hardwork

Coffee break ☕️☕️ Some money saving tips: 1️⃣ Use soda machine instead of buying sparkling water. 2️⃣ Use water filter instead of buying still water 3️⃣ Use sponge for showering instead of putting shower gel into your bear hand. 🐻🐾 4️⃣ Setup a monthly grocery budget 5️⃣ Buy your phones for 5 years. 6️⃣ Buy used vehicle instead of new. 7️⃣ Turn off lights in the rooms you don't use. 8️⃣ Measure your monthly expenses, and remove unnecessary costs. 9️⃣ Measure your monthly expenses, and try to cut your biggest costs. What else would you add? 👇 🔁 Share if you found value. 💬 Comment if you miss something. #frugaltip #frugalism #frugal #minimalism #minimal #minimalistic #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #hardwork #value4value

Good morning! ☕️ "To become better, You have to measure" If you want to get better at something, you have to measure the "thing" you want to get better in. Otherwise how do you know if you got better? So if you want to be more financially independent, have more money, etc, you have to measure something, so that you can see the effect of your change. And of course, you need also to change something. Because if you don't change: "Insanity: doing the same thing over and over again and expecting different results." #AlbertEinstein Have a great day! #frugaltip #frugalism #frugal #minimalism #minimal #minimalistic #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #hardwork

Nostr: why being you, if you can be a Dan #danstr